Tag: front page news

For what it achieves the announced plan? Definitely, the plan serves of very little since it is far from compensate for the fall in the employment generated by fault of the external crisis and bad decisions of economic policy which have and continue to apply. Worse, for employment to generate, that with so much euphoria has been announced is not a genuine, sustainable employment over time. How long can you have 100,000 workers painting cords from the streets or schools? A couple of weeks, the Union Industrial Argentina (UIA), he realized in their estimates that so far in the year, the country lost jobs 222.000 rising unemployment rate to 9.3% of the economically active population (Indec recognizes only an unemployment of 8.4 per cent of the economically active population). If this is so, then the plan does not compensate 50% loss of jobs in this year. Argentina needs not only a plan of goodwill to generate employment, but mainly a serious project to lay the foundations for growth solid long term in order to achieve real economic development and leave behind the nickname of underdeveloped country. Improvisation is one of the evils of underdevelopment. Clear and predictable, rules jointly with transparency in the statistics are basic elements for any economy that aims to grow solidly.

Is why never cease to amaze me statements such as those made by the technical director of Indec, Norberto Itzcovich, who still defends the official statistics saying: isn’t the same price that the collection of the supermarket index in place has been living Itzcovich in all this time? The truth is that, according to La Nacion, from January 2007: retouching of inflation data saved the Government more than US $16 billion to the State. As those students not studying for exams, Argentina should at least copy which makes for example Brazil and begin work on a serious country model. Can not continue kicking forward the obligations such as the payment of services of the debt, the inflation problem, rates, conflicts with the field, the educational improvement and the health system, among so many outstanding accounts. If you want to solve the problem of poverty in Argentina it is not enough with a brush and a jar of paint. Horacio Pozzo GLOBAL value + 17% in 45 days the subscribers of our new newsletter of investment, Global value, not only recovered the cost of the subscription, but that they are gaining 17% in their portfolios by investing in companies that we recommend. Do you want to know what? You can try entering here to find out and start investing in the new recommended in August. You can write me at or for more details.